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The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash Noncash assets $ 75,120 142,000 Liabilities Delphine, capital Xavier, capital Olivier, capital Total

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The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash Noncash assets $ 75,120 142,000 Liabilities Delphine, capital Xavier, capital Olivier, capital Total liabilities and capital $ 50,500 80,580 61,000 25,040 $ 217,120 Total assets $ 217, 120 Delphine, Xavier, and Olivier share profits and losses in the ratio of 4:4:2, respectively. The partners have agreed to terminate the business and estimate that $16,200 in liquidation expenses will be incurred. a. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets? b. Which partner should receive the cash distribution from (a)? Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets? Cash that safely can be distributed 3 Required A Required B > xavier, capital Olivier, capital Total liabilities and capital 61,000 25,040 $ 217, 120 Total assets $ 217, 120 Delphine, Xavier, and Olivier share profits and losses in the ratio of 4:4:2, respectively. The partners business and estimate that $16,200 in liquidation expenses will be incurred. a. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash asse b. Which partner should receive the cash distribution from (a)? Complete this question by entering your answers in the tabs below. Required A Required B Which partner should receive the cash distribution from (a)? O Delphine OXavier Olivier

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